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Only 5 per cent of firms say they are looking to encourage greater gender diversity among their advisers to attract more female staff.

The research also shows a trend towards more joint clients taking equal responsibility for managing their relationship with their adviser.

In 2012 advisers estimated that under a quarter (23 per cent) of joint clients involved both partners taking equal responsibility compared to 27 per cent today. By 2022 advisers predict this could rise to 35 per cent.

Investec Wealth and Investment intermediary services head Mark Stevens says: “Given the growing importance of women as clients, surprisingly few firms are currently taking steps to encourage greater gender diversity among their advisers but this may start to gather momentum over the coming years as the industry evolves.”

Women have barely a third the pension savings of men, with their average pot just £24,900 compared to the £73,600 held by males, new research has found. But women’s pension pots are increasing steadily, up from £16,700 in April 2015 to £20,400 in April 2016 and £24,900 today, spurred on by auto-enrolment, the introduction of […]

Succession has acquired IFA Independent Women, a firm dedicated to providing financial advice for women, for an undisclosed sum Managing director Lesley Mackintosh will stay at the business, which she founded in 1997. Independent Women’s specialist advice will be available throughout Succession Group’s regional network of client-servicing hubs. As well as savings, investment and retirement […]

Company culture, lack of trust and flexibility in the fund industry are keeping women away from senior management roles, experts say. A recent Tilney Bestinvest research shows very little progress has been made in gender diversity among fund managers as fewer than one in 10 fund managers are female, trailing other professions such as law […]

At Pictet Asset Management we believe active management of asset allocation is the most important generator of returns. What is not to be in our portfolio is just as important as what is to be because good performance is determined as much by the assets you avoid as by those you hold. The FP Pictet Multi Asset Portfolio managers are not wedded to any particular […]

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21st January 20193:05 pm

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